The Bot Father

The Bot Father: Advanced Trading EA for MetaTrader 5

Unlock the power of automated trading with The Bot Father, an advanced Expert Advisor designed for MetaTrader 5. This sophisticated trading bot combines robust functionality with user-friendly features to help you navigate the forex market with confidence.

Key Features:

  • Automated Trading: The Bot Father automates your trading strategies, reducing the need for manual intervention. It continuously monitors the market and executes trades based on predefined criteria.

  • Dynamic Stop Loss and Take Profit: Set and manage Stop Loss (SL) and Take Profit (TP) levels dynamically. The EA automatically adjusts these levels based on your input parameters, helping you manage risk and lock in profits efficiently.

  • Risk Management: Tailor your trading approach with customizable settings for Stop Loss (in pips), Risk-Reward Ratio, and maximum position multiplier. These features are designed to enhance your risk management strategy.

  • Hedging Capabilities: Implement effective hedging strategies with automated buy and sell stop orders. The Bot Father can handle multiple positions and adjust orders based on market conditions, ensuring you stay protected against adverse movements.

  • Broker Compatibility: The EA is compatible with both 4-digit and 5-digit brokers, ensuring seamless operation across different trading environments.

  • Optimized for Performance: With efficient order management and error handling, The Bot Father aims to provide a smooth trading experience. It actively manages open positions and deletes unnecessary orders to keep your trading environment clean and efficient.

  • User-Friendly Interface: Easily configure the EA with straightforward input parameters. The intuitive setup allows traders of all levels to deploy the bot without hassle.

Parameters:

  • Stop Loss (SL): Adjustable stop loss in pips to manage risk.
  • Risk-Reward Ratio (RR): Define your target risk-reward ratio for each trade.
  • Maximum Multiplier (MaxMulti): Set the maximum allowable position multiplier for hedging.

How It Works:

  1. Initialization: The EA configures itself based on broker digits and sets the magic number for trade identification.
  2. Order Management: It monitors open positions, adjusts SL and TP, and manages new orders.
  3. Hedging: Automatically places buy or sell stop orders to hedge existing positions.
  4. Error Handling: Includes robust error-checking to ensure trades are executed as intended.

Benefits:

  • 24/7 Trading: Operate around the clock without manual intervention.
  • Enhanced Risk Management: Control your trading risk with customizable SL and TP settings.
  • Market Adaptation: Adjusts trading strategies based on live market conditions.

Requirements:

  • MetaTrader 5 (MT5) platform.
  • An internet connection to allow for continuous operation.

Support:

  • For support and inquiries, please contact the developer directly through the MQL5 Market profile page.

Empower your trading with The Bot Father. Download it now and experience the next level of automated trading!

Past performance is no guarantee of future profitability (EA could also make losses). Please do not invest or risk money you cannot afford to lose.


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Dedicated for FTMO and other Prop Firms Challenges 2020-2024 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special  Protector  https://www.mql5.com/en/market/product/94362 --------------------
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The Wall Street Player (Master version). This EA tailored as a Discipline, Money and Risk Management tool is a powerful Trade Station utility designed for Forex, Cryptos, Commodities, Shares, Deriv synthetic pairs and any CFDs Market. It is designed to fit your strategy as a winner, and take your Edge of the market to the NEXT-LEVEL. The only thing to do is to get It on your chart and appreciate the possibilities and chart management abilities it has to offer for realizing that discipline and a
Cheers, traders! In today's video, dive into the world of advanced trading with our exclusive Trade Panel. This Cyber Monday, we're offering a special deal – get access for only $27 instead of the usual $60! In this tutorial, we explore a semi-automated trading system that empowers manual traders to seize opportunities effectively. Watch as we demonstrate using real market scenarios, showing you how to set up trades, manage risk, and maximize profits. Key Features of the Trade Pan
The Wall Street Player (Ultimatum version). This EA tailored as a Discipline, Money and Risk Management tool is a powerful Trade Station utility designed for Forex, Cryptos, Commodities, Shares, Deriv synthetic pairs and any CFDs Market. It is designed to fit your strategy as a winner, and take your Edge of the market to the NEXT-LEVEL. The only thing to do is to get It on your chart and appreciate the possibilities and chart management abilities it has to offer for realizing that discipline and
Discover a New Wave Trading Strategy - Suitable for Currency Pairs like AUDUSD.s Strategy Highlights : Specially Designed Trend Indicator Graphics : Our strategy offers a unique graphical interface to help traders identify and capitalize on market fluctuations. Backtesting Validation : Traders are encouraged to backtest currency pairs like AUDUSD.s to validate the effectiveness of our strategy. Flexible Time Frames : Default recommendation is to trade in the 15-minute (M15) time frame,
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